Sag Harbor, NY Office

Carnegie Investment Counsel provides investment supervisory services, financial and retirement plan advice, and financial planning to a broad mix of clients including individuals, high net worth clients, pension and profit-sharing plans, charitable and nonprofit organizations, corporations, independent trust companies, government entities and other investment advisers. Services include discretionary and non-discretionary portfolio management, selection and oversight of third‑party managers, and incident‑to‑divorce and other specialized planning work.

The firm typically seeks to align portfolios with client goals through written investment policy statements, regular monitoring and a mix of analytical approaches — including fundamental, technical, cyclical, charting and ESG analysis — and may employ long‑ and short‑term trading, options and margin for appropriate clients. Carnegie requests discretionary authority for many accounts, works with TAMPs and provides ERISA‑sectioned fiduciary services for retirement plans, with reviews and reporting on a periodic basis.

Compared with many peers, Carnegie’s brochure emphasizes its succession and acquisition history (including grandfathered fee arrangements), and discloses a recent arbitration resolution tied to legacy holdings from an acquired firm, as well as a change in practice to no longer manage or accept performance‑based fees. The firm also notes relationships that are less common among peers — serving other investment advisers and government entities — and has expanded nongovernmental and nonprofit governance and fund‑development services provided at no additional charge.